should i change form of business...? and insurance..?

currently i am a sole proprietorship but i was looking at should i change to a s corportation or maybe a LLC to actually seperate my business from my personal stuff? and what type of insurance should i get to protect my equipment and liability? i know i've seen a lot of companies on here who get $10,000 on there equipment and $1,000,000 liablity. any help would be great!

currently i am a sole proprietorship but i was looking at should i change to a s corportation or maybe a LLC to actually seperate my business from my personal stuff? and what type of insurance should i get to protect my equipment and liability? i know i've seen a lot of companies on here who get $10,000 on there equipment and $1,000,000 liablity. any help would be great!

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Ask your accountant. the insurance amounts are kind of the average or starting points. Just because you are incorporated does not mean that your personal stuff is safe.

free advice from some idiot on the internet.
a sole proprietor means if you hurt someone they can sue you and you will use all your personal assets to defend yourself and then the person suing you can get all your personal assets that are left.

an LLC means if you hurt someone they can sue you and you will use all your personal assets to defend yourself. If you lose, they get only the business stuff. maybe.

a sub S is kind of like an LLC for liability issues, but means you can distribute ownership to more people. So, lets say you want 7 people to have varying ownership shares fo the business. Then set it up as a corp.

An LLC makes a lot of sense for small operators. easy to set up, and designed for one to four equal owners in a business.

Insurance. Lots of it out there. What happens if you get in a wreck? You have auto insurance. does it cover commercial vehicles? hmmmm. probly not.
what happens if someone steals your mowers?
what happens if a blade comes flying off a mower and decapitates an infant? what happens if you drive over an infant?
all good reasons for having a good business insurance agent.